While performing technical analysis of ANANTRAJ, RSI becomes one of the most important indicators to study stock momentum. Other indicators like, SMA and EMA are useful tools that traders can use to analyze overbought or oversold zones.
Anant Raj Limited is a Real Estate sector stock and is listed on both NSE and BSE under symbol NSE:ANANTRAJ. The company opened at 632.95 today, and closed the day at 590.55 marking a bearish candle.
The current RSI of ANANTRAJ is at 38.27 implies that the stock is not in overbought/oversold zone. 9 period SMA, a short term moving average which is used as a trend following indicator is above share price of Anant Raj Limited.
Also read - ANANTRAJ long term target analysis | ANANTRAJ analysis for tomorrow
ANANTRAJ’s Current and Past Week RSI Values
ANANTRAJ is trading at rs 590.55 per share with RSI value of 38.27. The RSI value has fallen by 3.81 points since yesterday. This range shows that the stock is currently under bearish pressure.
In the past week, the average RSI was 40.17 which is lower than 50. This signals bearishness in the company’s share price. The stock has managed to stay below the level 50 for the past 2 day(s) showing consistently weakening momentum.
RSI Chart and Updates of ANANTRAJ Shares
Latest RSI Updates:
- 2025-01-22: Relative strength decreases with RSI dropping under 50.
- 2025-01-23: Relative strength increases with RSI moving past 50.
- 2025-01-28: RSI has entered the oversold area below 30.
- 2025-01-30: Momentum is low, RSI fell below 30.
- 2025-02-06: RSI is nearing oversold level of 40.
Short Term Analysis of ANANTRAJ’s RSI
Previous week, ANANTRAJ's RSI showed notable fluctuations, starting at 42.081 and closing at 38.2685. There was a change of -3.81 points last week. In this week starting on 2025-02-10, Anant Raj Limited's RSI value changed by -1.93. Through this week, the Strength Index made a high of 42.081 and dipped to 38.2685.
This shift indicates a decline in momentum when compared to last week's closing RSI of 38.2685. The average RSI for the current week stands at 40.17, which increased from the previous week's average of 36.51.
Throughout the week, the RSI reached a high of 42.081 and a low of 38.2685, illustrating the range of volatility in investor sentiment. This volatility is further underscored by the daily trends, where the RSI recorded 0 day(s) of rises and 2 day(s) of declines. Such movements provide insights into the short-term trading momentum and the overall trading behavior of ANANTRAJ.
ANANTRAJ’s Long Term Relative Strength Index Evaluation
In long term review of Anant Raj Limited, the monthly RSI data shows falling momentum with an average value of 37.69. If we compare previous month value to that of its previous three months, the stock has underperformed.
This data makes it clear that there is a shift in momentum in the stock from bullish to bearish in the longer term.
ANANTRAJ’s RSI and Price Correlation
While analysing momentum, it's important that we study Anant Raj Limited's price and RSI together. In the last 7 days, when the RSI of ANANTRAJ was gaining momentum its price was rising.
| Date | RSI | Price | Implication |
|---|---|---|---|
| 2025-02-03 | 35.3 | 590.2 | Neutral |
| 2025-02-04 | 34.08 | 571.55 | Bearish |
| 2025-02-05 | 35.72 | 584.35 | Bullish |
| 2025-02-06 | 37.27 | 596.2 | Bullish |
| 2025-02-07 | 40.2 | 618.5 | Bullish |
| 2025-02-10 | 42.08 | 632.95 | Neutral |
| 2025-02-11 | 38.27 | 590.55 | Bearish |
1. In the past 7 days, RSI and price moved in the same direction on 5 day(s), indicating consistent momentum.
2. The RSI remained within normal ranges, indicating no extreme overbought or oversold conditions in the past 7 days.
3. No significant divergences were detected, suggesting stable momentum without clear signals for trend reversal.
Is ANANTRAJ Overbought or Oversold?
RSI can be used to determine overbought and oversold zones. ANANTRAJ's Relative Strength value of 38.27 shows that the stock is not in overbought or oversold zone.
9 Day SMA Analysis
9SMA is a useful trend-following indicator that is helpful in identification of short term trend. Currently ANANTRAJ closed below its 9SMA value of 602.33.
Shares of Anant Raj Limited have consistently stayed below the 9SMA since last 1 day(s). It is therefore bearish in short term.
ANANTRAJ’s 14, 21 Exponential Moving Average and 100 Day Simple Moving Average
14-day EMA is an indicator that is sensitive to short-term price movements. Currently 14EMA is at 640.59. Another short term trend indicator is 21-day EMA, which is at Rs 672.77. Latest data show that the 14-day EMA is below the 21-day EMA. Therefore ANANTRAJ's momentum is decreasing in short-term.
Long term trend indicator like 100-day SMA, closed at 740.67. When comparing ANANTRAJ's current price of Rs 590.55 to this average, being below it indicates downward trend in the market over a more longer period.
Short term momentum is bearish and the longer period trend is bearish. This means there is no disparity in price in both time frames.
Summary of ANANTRAJ’s Momentum
ANANTRAJ's current RSI of 38.27 indicates that the stock is bearish momentum. The 9-day SMA shows a bearish short-term trend, while the 14-day and 21-day EMAs suggest a weakening momentum. Furthermore, the 100-day SMA reflects a downward long-term trend.
